Millennium Management Portfolio holdings
Millennium Management, founded in 1989 by Israel (Izzy) Englander and Ronald Shear and headquartered in New York City, is a global multi-strategy hedge fund managing over $71 billion in assets as of late 2024, employing a decentralized model with over 300 independent trading teams. Operating across equities, fixed income, commodities, currencies, and derivatives, the firm uses a mix of quantitative and fundamental strategies, providing its portfolio managers with capital, infrastructure, and autonomy to pursue diverse investment approaches while enforcing strict risk management. With more than 5,400 employees across offices in London, Hong Kong, Singapore, and beyond, Millennium has evolved from its initial $35 million seed capital—partly from the Belzberg family—into a titan of the hedge fund world, known for its ability to attract top talent and deliver consistent returns. Under Englander’s leadership as chairman and CEO, the firm remains a low-profile yet highly influential force in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lowe's Companies
LOW
|
+$217M |
| 2 |
JPMorgan Chase
JPM
|
+$213M |
| 3 |
Intel
INTC
|
+$200M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$184M |
| 5 |
TECD
Tech Data Corp
TECD
|
+$174M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$685M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$127M |
| 3 |
Meta Platforms (Facebook)
META
|
+$122M |
| 4 |
Merck
MRK
|
+$110M |
| 5 |
NVIDIA
NVDA
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 8.62% |
| 2 | Technology | 7.54% |
| 3 | Financials | 6.93% |
| 4 | Consumer Discretionary | 6.74% |
| 5 | Industrials | 6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2226
Medifast
MED
$109M
| $2.85M | ﹤0.01% |
20,524
-3,623
| -15% | -$333K |
|
2227
Avista
AVA
$3.34B
| $2.85M | ﹤0.01% |
+78,214
| New | +$3.1M |
|
|
KL
2228
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $2.84M | ﹤0.01% |
68,881
-510,186
| -88% | -$19.7M |
|
|
IMMU
2229
CALL
DELISTED
Immunomedics Inc
IMMU
| $2.83M | ﹤0.01% |
80,000
+10,000
| +14% | +$292K |
|
2230
Fortune Brands Innovations
FBIN
$5.88B
| $2.83M | ﹤0.01% |
51,866
-68,728
| -57% | -$3.2M |
|
2231
Kosmos Energy
KOS
$1.6B
| $2.83M | ﹤0.01% |
1,706,586
-343,303
| -17% | -$551K |
|
|
BWIN
2232
Baldwin Insurance Group
BWIN
$2.69B
| $2.83M | ﹤0.01% |
+163,642
| New | +$1.98M |
|
2233
PUT
Accenture
ACN
$102B
| $2.81M | ﹤0.01% |
13,100
-249,000
| -95% | -$47.1M |
|
2234
CALL
Estee Lauder
EL
$30.4B
| $2.81M | ﹤0.01% |
+14,900
| New | +$2.66M |
|
2235
Cactus
WHD
$5.21B
| $2.8M | ﹤0.01% |
135,774
-455,935
| -77% | -$7.91M |
|
|
RST
2236
DELISTED
ROSETTA STONE INC
RST
| $2.79M | ﹤0.01% |
+165,794
| New | +$2.79M |
|
2237
Blue Owl Capital
OBDC
$5.34B
| $2.79M | ﹤0.01% |
+226,136
| New | +$2.79M |
|
2238
Intercorp Financial Services
IFS
$6.48B
| $2.79M | ﹤0.01% |
105,421
-30,918
| -23% | -$811K |
|
|
KC
2239
Kingsoft Cloud Holdings
KC
$3.34B
| $2.79M | ﹤0.01% |
+88,435
| New | +$2.03M |
|
2240
Kopin
KOPN
$652M
| $2.78M | ﹤0.01% |
2,090,719
-389,613
| -16% | -$326K |
|
2241
Teekay
TK
$1.01B
| $2.78M | ﹤0.01% |
1,158,588
+1,146,404
| +9,409% | +$3.51M |
|
2242
Clean Energy Fuels
CLNE
$427M
| $2.78M | ﹤0.01% |
1,251,049
+761,576
| +156% | +$1.54M |
|
2243
UroGen Pharma
URGN
$1.86B
| $2.78M | ﹤0.01% |
+106,279
| New | +$2.6M |
|
2244
Stantec
STN
$8.04B
| $2.77M | ﹤0.01% |
89,693
-38,598
| -30% | -$1.13M |
|
|
TRNE.U
2245
DELISTED
Trine Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of
TRNE.U
| $2.75M | ﹤0.01% |
250,000
| – | – |
|
2246
Chord Energy
CHRD
$7.9B
| $2.75M | ﹤0.01% |
3,668,585
+3,624,746
| +8,268% | +$2.34M |
|
2247
Albany International
AIN
$2.11B
| $2.75M | ﹤0.01% |
46,830
-134,630
| -74% | -$7.28M |
|
2248
Molina Healthcare
MOH
$10.2B
| $2.75M | ﹤0.01% |
15,448
-121,200
| -89% | -$20.6M |
|
2249
Minerals Technologies
MTX
$2.36B
| $2.75M | ﹤0.01% |
58,572
+43,719
| +294% | +$1.91M |
|
|
IGICW
2250
CALL
DELISTED
International General Insurance Holdings Ltd. Warrants expiring 03/17/2025
IGICW
| $2.75M | ﹤0.01% |
398,294
+140,218
| +54% | +$61.1K |
|
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Millennium Management's Q2 2020 Portfolio in Review
As of Q2 2020, Millennium Management held 4,914 positions worth $73B, up 64% from $44.5B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Millennium Management deployed $17.6B of net new capital in Q2 2020, opening 1,140 new positions and adding to 1,565 existing holdings. Its largest new stake was Global Payments: 1,008,446 shares worth $171M.
By sector, the portfolio is most concentrated in Healthcare at 8.6% of assets, down from 11% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, an estimated $127M trimmed.
- Millennium Management's largest Q2 2020 buy was Global Payments: 1,008,446 shares worth $171M.
- Millennium Management added most to Lowe's Companies in Q2 2020, an estimated $217M increase.
- Millennium Management's biggest Q2 2020 reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, cutting an estimated $127M.
- Millennium Management fully exited Allergan plc in Q2 2020, selling an estimated $685M.
- Millennium Management's ten largest holdings make up 20% of its $73B portfolio in Q2 2020.
- Millennium Management opened 1,140 new positions and closed 798 in Q2 2020.
- Millennium Management's portfolio value rose 64% quarter-over-quarter to $73B.
Based on Millennium Management's 13F filing for Q2 2020, filed 14 Aug 2020.